Checklist for Starting a DE Business
The list below provides the steps you must follow to start a DE business.
Also, note that there may be other steps may be appropriate for your specific type of business.
DE, as well as each U.S. state has its own specific requirements for starting and operating a business.
Refer also to other sections on this website for Steps to Starting a DE Business.
First, after you decide the type of business you going into, you need to get the required equipment
such as computers and and work space.

Second, you need to select a business ownership structure. There are several but most likely you will need to be a sole owner,

a partnernership, a corporation or LLC.
After you decide what is the best one, you need to obtain licenses, tax ids and permit for that ownership structure.
For example, you need different paper work and permits for an LLC as opposed to a partnership or sole proprietor.

A Delaware Starting a Business, involves several steps such as fullfilling legal requirements.

For example, first select the ownership structure.
We recommend that you form an LLC instead of filing a DBA.
Forming a Wilmington LLCs is like setting up a corporation and a partnership put
together.

1. Many small business owners set up LLCs because of several important
advantages they afford:
2. LLCs are easy to set up. Forming an LLC gives you less corporate
paperwork.
3. As is the case with shareholders, DE LLC Members are not liable for the
debts and other liabilities of the LLC.
4. Just like in a partnership or sole ownership, you can claim your personal
losses against DE LLC profits.
5. Getting a(n) Delaware LLC will provide you with more flexibility in managing it and you
will not have to put up with corporate formalities.

How to get a DE information about Starting a Business

Since the first thing is selecting a legal ownership structure,

HERE IS THE DIFFERENCE
BETWEEN A SOLE PROPRIETORSHIP, A CORPORATION AND AN LLC.
1. A corporation needs annual corporate meeting and minutes, whereas an LLC does not.2. An LLC can have a foreigner as an owner whereas an "S" Corporation cannot.3. A corporation can deduct 100% of the health insurance but an LLC that is treated as a partnership cannot.
ID.

FIRST: As opposed to a sole proprietorship, an LLC is a corporate entity.

SECOND: If you have partners, it is better to have an LLC because you can alocate different portions of a % of ownership to each partner.

THIRD: An LLC can protect you for lawsuits arising under the business that the LLC is operating. Thus, the can sue the LLC but not you personally.

State of

Are you selling (online, from home or from anywhere)
tangible items?
(i.e.,
touchable, such as toys, t-shirs,
electronic devices etc. Touchable items are taxable.)